Toggle Side Panel

40 Waverly Place, Melrose MA 02176

Melrose, MA 02176
$650,000
Est. $3,460/month
3
Beds
2
Baths
1,659
Sq Ft
$392
Price/Sq Ft
0.18
Acres
1900
Year Built
Single Family Residence
Type
17
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73222621

About this home

Incredible opportunity to build wealth and equity with this large 3 bedroom 2 full bath home. Updates include: New Provia windows, hurricane-rated front siding, black gutters, brand new Provia front door, reframe of the front porch with Timbertech decking and rails. Interior basement wall lime mortar, new electrical panel, newer heating system, new oil tank and oil line. Replacement basement windows and door. Original hardwood floors throughout. First floor bathroom updated and has a heated floor. New outlets and switches, new drywall and a gas fireplace with framing. With a spacious layout, high ceilings and ample land, possibilities are endless. This home is urban zoned, potential abounds. With the city's guidance, unlocking the highest and best use of this expansive plot is encouraged. Located just feet from the Wyoming Commuter Rail and near the vibrant downtown. It's an opportunity waiting to be realized! Multiple group showing/open houses. Showings begin Thurs (5:30-7pm)

Sale Statistics

Sale Overview
Original List Price: $675,000
Final Sale Price: $650,000
Difference: $25,000 (-3.7%)
Performance Metrics
96.3%
List to Sale Ratio
Sold below asking price
17
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $407
Sale $/sq ft: $392
This property sold for $392 per square foot
Sale Summary

This property sold for 3.7% below the original asking price.

With only 17 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1900
Bedrooms
3
Full Bathrooms
2
Living Area
1,659 sq ft
Total Rooms
6

Interior Features

Flooring
Hardwood
Heating
Forced Air, Oil
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Water Heater
Basement Details
Full
Window Features
Insulated Windows, Storm Window(s)

Exterior & Structure

Architectural Style
Colonial
Roof
Shingle
Foundation
Stone
Exterior Features
Porch, Storage
Patio/Porch Features
Porch
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.18 acres
Lot Size
7,675 sq ft
Lot Size Area
0.1800

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
5
Parking Features
Paved Drive, Off Street

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
200+ Amp Service

Community & HOA

Community Features
Public Transportation, Shopping, Park, Public School, T-Station
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,690
Tax Year
2024
Tax Assessed Value
$673,700
Parcel Number
M:0B5 P:0000146,652875
Zoning
URB

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
No
Disclosures
Sold "as is". Home is in various stages of renovation, may not qualify for FHA
Listing Terms
Contract

Location

Loading map...

Neighborhood

40 Waverly Place, Melrose MA 02176

Melrose, MA 02176

Walkability

Loading Walk Score...

Schools

School information not available

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $558
Homeowners Insurance $200
PMI $0

Property History

Market Insights

3.7%
Price Range
19
Total Days on Market

Property Timeline

✓
Sold
May 31, 2024
$650,000
Property sold
Days on Market: 19
🏠
Listed for Sale
Apr 10, 2024
$675,000
Original listing
Agent: Elizabeth Goodwin Office: Chinatti Realty Group, Inc.

Price & Status History

Date Event Price Change
Apr 10, 2024 New Listing Added $675,000 —

Market Statistics

Days on Market
17 days
Price per Sq Ft
$392

Tax History

Year Taxes Assessment
2024 $6,690 $673,700

Financial Details

Annual Property Tax
$6,690
Tax Year 2024
Assessed Value
$673,700

Listing Information

Listing Agent Elizabeth Goodwin
Listing Office Chinatti Realty Group, Inc.
Agent MLS ID NB113819
Office MLS ID AN7396

Similar Homes

40 Waverly Place, Melrose MA 02176 - Photo 1 40 Waverly Place, Melrose MA 02176 - Photo 2 40 Waverly Place, Melrose MA 02176 - Photo 3 40 Waverly Place, Melrose MA 02176 - Photo 4 40 Waverly Place, Melrose MA 02176 - Photo 5 40 Waverly Place, Melrose MA 02176 - Photo 6 40 Waverly Place, Melrose MA 02176 - Photo 7 40 Waverly Place, Melrose MA 02176 - Photo 8 40 Waverly Place, Melrose MA 02176 - Photo 9 40 Waverly Place, Melrose MA 02176 - Photo 10 40 Waverly Place, Melrose MA 02176 - Photo 11 40 Waverly Place, Melrose MA 02176 - Photo 12 40 Waverly Place, Melrose MA 02176 - Photo 13 40 Waverly Place, Melrose MA 02176 - Photo 14 40 Waverly Place, Melrose MA 02176 - Photo 15 40 Waverly Place, Melrose MA 02176 - Photo 16 40 Waverly Place, Melrose MA 02176 - Photo 17 40 Waverly Place, Melrose MA 02176 - Photo 18 40 Waverly Place, Melrose MA 02176 - Photo 19 40 Waverly Place, Melrose MA 02176 - Photo 20 40 Waverly Place, Melrose MA 02176 - Photo 21 40 Waverly Place, Melrose MA 02176 - Photo 22 40 Waverly Place, Melrose MA 02176 - Photo 23 40 Waverly Place, Melrose MA 02176 - Photo 24 40 Waverly Place, Melrose MA 02176 - Photo 25 40 Waverly Place, Melrose MA 02176 - Photo 26 40 Waverly Place, Melrose MA 02176 - Photo 27 40 Waverly Place, Melrose MA 02176 - Photo 28 40 Waverly Place, Melrose MA 02176 - Photo 29 40 Waverly Place, Melrose MA 02176 - Photo 30 40 Waverly Place, Melrose MA 02176 - Photo 31 40 Waverly Place, Melrose MA 02176 - Photo 32 40 Waverly Place, Melrose MA 02176 - Photo 33 40 Waverly Place, Melrose MA 02176 - Photo 34 40 Waverly Place, Melrose MA 02176 - Photo 35 40 Waverly Place, Melrose MA 02176 - Photo 36 40 Waverly Place, Melrose MA 02176 - Photo 37 40 Waverly Place, Melrose MA 02176 - Photo 38 40 Waverly Place, Melrose MA 02176 - Photo 39 40 Waverly Place, Melrose MA 02176 - Photo 40 40 Waverly Place, Melrose MA 02176 - Photo 41

Contact Agent

Schedule a Tour